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Canadian Accredited Insurance Broker (CAIB)

Home Education Courses Canadian Accredited Insurance Broker (CAIB)

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registration form

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Immersion Application
Form

July 7, 2010
Exam Registration

Sept 8, 2010
Exam Registration

Dec 1, 2010
Exam Registration

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C.A.I.B. PROGRAM COSTS PER SEMESTER
Course registration fee: Discussion Group and Self Study $540.75 (GST included)
Immersion $800.10 (GST included)
Includes course material, study workbook, discussion group, self study and exam

Online Study Tool- Add-on $24.00-12 weeks
For online re-registration $24.00 for 4 weeks

Non-members:
Discussion Group and Self Study $811.13
Immersion $1,200.15
(may be credited to Membership Dues within 1 year):
Exam Re-write fee: $90.00
Re-registration fee (current text required): $100.00
Exam deferral fee: $90.00
Fee charged on all returned cheques $20.00

**While membership in IBAM is not a pre-requisite of this course, membership IS required for the use of the CAIB designation

2009/2010 CAIB Exam Schedule
Exam Date Registration Deadline
July 7, 2010
Sept 8, 2010
Dec 1, 2010
June 4, 2010
Aug 6, 2010
Nov 1, 2010

CAIB 1
A thourough examination of commercial lines coverage, including commercial property, crime and business interruption insurance.

  • Introduction to General Insurance
  • Habitational Insurance
  • Other Habitational Insurance Forms and Endorsements
  • Farm Insurance
  • The Basics of Personal Automobile Insurance
  • Building Towards Professionalism
  • Travel Insurance

Successful completion qualifies student to apply for a level one license.

CAIB 2
A thourough examination of commercial lines coverage, including commercial property, crime and business interruption insurance.

  • Introduction to commercial Property Insurance
  • Underwriting Commercial Property Insurance
  • Commercial Property Insurance - Policy Forms
  • Commercial Property Insurance - Additional Coverage Forms
  • Crime Insurance
  • Business Interruption Insurance

Successful completion of CAIB 2 and 3 qualifies student to apply for a level two license.

CAIB 3
A comprehensive study of commercial lines coverages, including commercial liability, commercial auto, marine, aviation, surety and risk management.

  • Commercial Liability - A Legal Perspective
  • The Commercial General Liability Policy
  • The Commercial Automobile Exposure
  • Ocean Marine and Aviation Insurance
  • Surety Bonds
  • Risk Management

Successful completion of CAIB 2 and 3 qualifies student to apply for a level two license.

CAIB 4
A sophisticated study of marketing management and office operations of a general insurance brokerage.

  • Brokerage Formation and Environment
  • Producer - Insurer Relations
  • The Job of Management
  • Technology and Broker Operations
  • Marketing Management
  • Building Long Term Relationships
  • Quality of Service Management
  • Sales Leadership
  • Database Management
  • Suggested Readings and Case Studies

Successful completion and two years as a level two licensee qualifies student to apply for a level three license.

DISCUSSION GROUPS will be formed based on applications received on or before the registration deadline. All classes are subject to sufficient enrollment, if discussion groups cannot be formed, you may take the Self Study option at no additional cost, the Correspondence option for an additional $50.00 fee or your fees will be refunded in full.

SELF STUDY provides student with the textbook, workbook, student self study guide, answer keys and practise examination.

The re-registration fee applies to students requiring more than one semester to complete a semester's work. If the course material is revised in the re-registration semester, registrants must purchase the revised material.

Exam must be written on scheduled examination date or a deferral fee of $84.00 will apply. Fee includes a non-refundable amount of $40.00. No refunds within seven (7) days of start date.

PASS MARK 60% Completion of each level qualifies for twelve (12) Continuing Education Credits. CAIB 4 qualifies for either Life or General credits.

RIBO credits:
CAIB 1 5 management, 18 technical
CAIB 2 & 3 18 technical each
CAIB 4 15 management

CAIB 1 is an approved pre-licensing course, and successful completion qualifies the student for a Level 1 license. (This level of license authorizes the license holder to sell, inside but not outside the office of a general insurance agency and under the supervision of the holder of a Level 2 licensee, every category of insurance including accident and sickness insurance, excluding life insurance.)

CAIB 2 & 3 successful completion of these two courses qualifies the student for a Level 2 license. (This level of license authorizes the license holder to sell insurance inside and outside the office of a general insurance agency.)

CAIB 4 successful completion of this course qualifies the student for a Level 3 license. (This level of license authorizes the license holder to sell insurance policies, both inside and outside of the office of a general insurance agency, and to manage the office of a general insurance agency.

IBAM - Young Broker's Annual Golf Day

ALL LEVELS: Successful completion qualifies for twelve (12) CECs per course. CAIB 4 qualifies for either Life or General CEC's.

ALL CLASSES ARE SUBJECT TO SUFFICIENT ENROLLMENT

PASS MARK: 60%


CAIB 2009/2010
Class Schedule
CAIB 1  
Discussion Group begins:
September 7, 2010
February 1, 2011

Immersion Class Dates:
September 20-25, 2010
January 17-22, 2011

CAIB 2  

Discussion Group begins:
September 9, 2010
February 3, 2011

Immersion Class Dates:
October 18-23, 2010
February 7-12, 2011

CAIB 3  
Discussion Group begins:
September 13, 2010
January 31, 2011

Immersion Class Dates:
September 27 - October 1, 2010
January 24-29, 2011

CAIB 4  
Discussion Group begins:
September 8, 2010
February 9, 2011

Immersion Class Dates:
November 15-20, 2010
February 14-19 - 2011

 

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